Forex Trend Analysis Report
Prepared for you on Saturday, September 30, 2023.
Swiss Franc/Hungarian Forint (FOREX:CHFHUF)
Bull Market Weakness (+75) - CHFHUF is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on CHFHUF as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid CHFHUF?
MarketClub looks at technical strength and momentum to determine if the timing is right for CHFHUF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CHFHUF
The long-term trend has been UP since Jul 5th, 2023 at 389.08092
The intermediate-term trend has been UP since Sep 5th, 2023 at 406.29997
The short-term trend has been UP since Sep 28th, 2023 at 407.60551
Smart Scan Analysis for CHFHUF
Based on our trend formula, CHFHUF is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).